USDJPY - Trade idea - 6 Risk:Reward - Long term

2020-03-07 04:14:03

The market has been ranging between important zones on weekly timeframe. The market has now printed a bullish pattern(the M pattern), suggesting a bullish move after forming the bottom of the last leg of the M pattern.

Entry: 105.240
TP: 111.5
Stop loss: 104.240